InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,818.03
(
-0.83%
)
Post# of 41474
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

PRmaniac

Send PM Follow Ignore
Followers 71
Posts 17468
Boards Moderated 0
Alias Born 08/29/2008

PRmaniac

Re: ORCA post# 22542

Thursday, 04/30/2009 9:25:10 AM

Thursday, April 30, 2009 9:25:10 AM

Post# of 41474
May have to raise authorized shares to the billions.

Just look at HRNF's filing. $1,000,000 in shares

Just how many shares is that at $0.0003 or less? remember, the placement probably includes a steep discount to avg. trading price and the investors can probably sell immediately to lock-in their profit.

This could easily drive HRNF to $0.0001 and add 3 billion or more shares to the O/S pool. Dilution......yep!
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up